technology restructuring
Cognizant Announces 4,000 Job Cuts Amidst AI Transition and Low Demand
Cognizant plans to lay off 4,000 employees as it shifts towards AI technologies while facing decreased demand for its services.
Meta Announces Largest Layoffs in History: 8,000 Jobs Cut Starting May
Meta is set to lay off 8,000 employees starting May 20, marking its largest workforce reduction to date.